CLEVELAND AREA HOSPITAL — History
CCN 371320 | 3-year financial timeline | COVID resilience: 83/100
🛡️ Public data only — no PHI permitted on this instance.
$20M
Latest Revenue (FY2022)
+18.3%
Revenue CAGR (3yr)
3.9%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $14M | $16M | $20M | +25.2% | +18.3% |
| Operating Expenses | $17M | $18M | $19M | +8.6% | +4.9% |
| Operating Margin | -22.1% | -10.8% | 3.9% | +135.7% | +0.0% |
| Net Income | $-3M | $-2M | $1M | +144.6% | +0.0% |
| Licensed Beds | 14 | 14 | 14 | +0.0% | +0.0% |
| Total Patient Days | 2,305 | 2,149 | 2,081 | -3.2% | -5.0% |
| Medicare Day % | 88% | 85% | 85% | -0.2% | -1.4% |
| Medicaid Day % | 1% | 0% | 1% | +364.7% | +23.8% |
COVID Impact & Recovery
Resilience Score: 83/100 — Resilient — strong COVID recovery
Revenue recovery from FY2020 to FY2022: +39.9% ($14M → $20M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▲ Growing
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+18.3%
This Hospital
+7.6%
State Avg
Latest Margin
3.9%
This Hospital
-4.6%
State Avg
Projections (FY2023-2025)
Extrapolated from 3-year trend using linear projection. Does not account for regulatory or market changes.
| Year | Revenue (proj) | Margin (proj) |
|---|---|---|
| FY2023 (proj) | $23M | 16.8% |
| FY2024 (proj) | $26M | 29.8% |
| FY2025 (proj) | $29M | 42.8% |